Will lower incentives shake up Singapore's EV boom?

Singapore’s electric vehicle boom shows little sign of slowing — even as incentives are scaled back and COE supply rises.  In this episode of Transport BT, host Derryn Wong speaks with Timothy Wong of consultancy Roland Berger about why EVs are fast becoming mainstream, how Chinese and Japanese carmakers are reshaping competition, and whether premium EVs can win over Singapore buyers. Highlights: 02:04 EVs are now mainstream 05:22 Will lower incentives impact demand? 06:58 Will luxury Chinese EVs take off? 09:42 Japanese EVs are finally here 11:35 Consolidation in the industry 13:07 2026 COE predictions --- Send us your questions, thoughts, story ideas, and feedback to [email protected]. --- Written and hosted by: Derryn Wong ([email protected]) With Timothy Wong, principal at Roland Berger and head of its automotive and mobility practice in South-east Asia Edited by: Emily Liu & Claressa Monteiro Produced by: Derryn Wong, Emily Liu & Chai Pei Chieh A podcast by BT Podcasts, The Business Times, SPH Media --- Follow BT Correspondents: Channel: bt.sg/btcobt Amazon: bt.sg/btcoam Apple Podcasts: bt.sg/btcoap Spotify: bt.sg/btcosp YouTube Music: bt.sg/btcoyt Website: bt.sg/btcorresp Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. --- Discover more BT podcast series: BT Money Hacks: bt.sg/btmoneyhacks BT Podcasts: bt.sg/pcOM BT Market Focus: bt.sg/btmktfocus BT Lens On: bt.sg/btlensonSee omnystudio.com/listener for privacy information.